Chattanooga Symphony And Opera Association

Organization Overview

Chattanooga Symphony And Opera Association is located in Chattanooga, TN. The organization was established in 1951. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2022, Chattanooga Symphony And Opera Association employed 176 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chattanooga Symphony And Opera Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 05/2022, Chattanooga Symphony And Opera Association generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $2.3m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO INSPIRE, ENGAGE & ENRICH THE GREATER CHATTANOOGA COMMUNITY THROUGH MUSIC AND MUSIC EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRODUCES A VARIETY OF LIVE MUSICAL PERFORMANCES OF SYMPHONY, OPERA AND POPS FOR A VARIETY OF AUDIENCES.


PROVIDES EDUCATIONAL PROGRAMS


PROVIDES A YOUTH ORCHESTRA FOR THE COMMUNITY


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Board, Officers & Key Employees

Name (title)Compensation
Samantha Teter
Executive Director (end 12/31/21)
$83,224
Ed Rusk
Treasurer
$0
Amy Mahone
Secretary
$0
Don Mcdowell
President
$0
John Kilkenny
Executive Director (start 3/1/22)
$0
Les Roddy
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,288,563
All other contributions, gifts, grants, and similar amounts not included above$779,396
Noncash contributions included in lines 1a–1f $50,147
Total Revenue from Contributions, Gifts, Grants & Similar$2,067,959
Total Program Service Revenue$465,263
Investment income $87,986
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $34,950
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,680,505

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Chattanooga Symphony And Opera Association has recieved totaling $31,148.

Awarding OrganizationAmount
Community Foundation Of Greater Chattanooga Inc

Chattanooga, TN

PURPOSE: 2021 ANNUAL FUND

$25,000
Hazel Montague Hutcheson Foundation

Chattanooga, TN

PURPOSE: UNRESTRICTED GRANT

$6,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$148
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,687,867
Earnings$329,630
Net Contributions$2,000
Other Expense$310,277
Ending Balance$1,709,220

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